Ausdrill in the hole

AUSDRILL has recorded a loss for fiscal 2014, echoing supplier woes related to pinched exploration budgets in the mining industry over the year.

Ausdrill in the hole Ausdrill in the hole Ausdrill in the hole Ausdrill in the hole Ausdrill in the hole

The driller marked a $A43.9 million loss after tax and an impairment of $77.9 million in the carrying value of the company’s assets, first flagged earlier this month.

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